[Costs of Saudi Arabia's Neom green hydrogen mega-project soar by $3.5 billion] Budgets for the Neom green hydrogen mega-project, which will tap vast green energy capacity, have soared 70% to $8.5 billion, according to a financial update from co-developer Air Products. Inflation, spare parts, land upfront costs and interest on a $1 billion loan all contributed to the $3.5 billion budget increase the company is developing in the deserts of northwestern Saudi Arabia with partner ACWA Power, a Saudi renewable energy development Merchant and Neom. Editor/Xing Wentao

Click to see more live >>

• 2026.07.27 17:12
• [Two major projects in Henan Province have announced the candidates for winning bids]
• Two major projects in Henan Province have announced their bidding candidates, and the second round of bidding for the 200MW independent energy storage power station in Junxian County has been shortlisted by three consortia. The consortium of China Energy Engineering Xinjiang Institute has quoted nearly 800 million yuan, ranking first; The 6 billion yuan Aotou bauxite mining project in Ruzhou has been awarded multiple sections, with China Railway and China Construction Group, as well as several central and local construction enterprises, winning first place in each section. The mining area has a reserve of 5 to 6 million tons and covers an area of 6.03 square kilometers.Editor/Gong Ziwei

• 2026.07.27 17:10
• [Chinese made air taxis land in Kazakhstan]
• On July 24, 2026, Shanghai Fengfei Aviation's self-developed large electric vertical takeoff and landing aircraft completed its maiden flight in Astana, Kazakhstan, as a supporting event for the 3rd Future Games. The unmanned demonstration flight had a maximum speed and range of 200 kilometers per hour. Kazakhstan has introduced regulations related to low altitude economy to regulate the development of eVTOL industry. The company plans to expand its logistics, rescue, cultural tourism and other applications in Central Asia by using Kazakhstan as its first stop. The aircraft will also be publicly exhibited on July 29-30, 2026.Editor/Gong Ziwei